Bearish
(note 1.09121 - 1.09394)
within a short time frame, EUR / USD sentiment looks potentially to back downward. my scenario is waiting for a pull-back to the range of 1.09121 - 1.09394 and looking for confirmation of a short signal in the reference area with a potential target to the range 1.08952 - 1.08679. But if the price is already down into below the support 1.08679, well, is a potential bearish movement will continue into the range of 1.08237 - 1.08100. Be careful if the resistance around 1.09394 breaks because it will turn intraday bias into bullish and potentially lift the euro to the range 1.09563 - 1.09836.
Safe Trade!
(note 1.09121 - 1.09394)
within a short time frame, EUR / USD sentiment looks potentially to back downward. my scenario is waiting for a pull-back to the range of 1.09121 - 1.09394 and looking for confirmation of a short signal in the reference area with a potential target to the range 1.08952 - 1.08679. But if the price is already down into below the support 1.08679, well, is a potential bearish movement will continue into the range of 1.08237 - 1.08100. Be careful if the resistance around 1.09394 breaks because it will turn intraday bias into bullish and potentially lift the euro to the range 1.09563 - 1.09836.
Safe Trade!